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20110731
20110731
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crisis is on the minds of u.s. troops serving in afghanistan. marines want to know if they'll get paid if the debt deadline expires. it was the first question they asked the chairman of the joint chiefs of staff during his visit today to afghanistan. admirable mike mullen told him he does not know the answer, but says he's confident they will eventually get any salary they're owed. >>> failure to raise the debt ceiling could have widespread impact and end up costing us all more. interest rates for homes and cars are expected to rise. rates for a 30-year fixed mortgage could go a half percent. economists believe the crisis could lead to a further drop in the value of the u.s. dollar. as a result the price for goods, specifically imported from china, like rice and spices would increase. jitters about the debt deadline are having an impact on wall street. the dow lost 581 points last week. there's the biggest weekly drop in a year. >>> a stanford political science expert says the impasse is nothing new. professor david brady says both parties have the same problem, getting their members t
Search Results 0 to 0 of about 1